(VIANEWS) – Shares of Ringcentral (NYSE: RNG) fell 8.09% to $48.24 at 10:36 EST on Tuesday, after two sequential sessions in a row of losses. NYSE is sliding 0.04% to $15,787.42, following the last session’s downward trend. This seems, so far, a somewhat down trend exchanging session today.
Ringcentral’s last close was $52.48, 83.34% under its 52-week high of $315.00.
Today’s last reported volume for Ringcentral is 799138 which is 62.87% below its average volume of 2152532.
Ringcentral’s sales growth is 26.3% for the current quarter and 29.8% for the next. The company’s growth estimates for the ongoing quarter and the next is 25% and 30.6%, respectively.
Year-on-year quarterly revenue growth grew by 34.1%, now sitting on 1.59B for the twelve trailing months.
Ringcentral’s last week, last month’s, and last quarter’s current intraday variation average was 1.78%, 0.35%, and 4.94%, respectively.
Ringcentral’s highest amplitude of average volatility was 4.38% (last week), 4.59% (last month), and 4.94% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Ringcentral’s stock is considered to be oversold (<=20).
Ringcentral’s Stock Yearly Top and Bottom Value
Ringcentral’s stock is valued at $48.24 at 10:36 EST, below its 52-week low of $48.53.
Ringcentral’s Moving Average
Ringcentral’s value is way under its 50-day moving average of $66.08 and way under its 200-day moving average of $152.65.
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